Category: 9. Business

Ukraine and the EBRD discussed the possibilities of expanding investment in energy and infrastructure projects. “With the help of the EBRD, we hope to unblock private investments in renewable energy projects,” noted Economy Minister Yulia Svyridenko at a meeting with the EBRD delegation…. Continue Reading

Bulgaria’s parliament extended the discussion period for the sale of two Russian nuclear reactors to Ukraine by six months. Authorities in Sofia received reactors from Russian supplier Atomstroyexport more than six years ago but decided not to build the Belene nuclear power plant. The… Continue Reading

Spain has blocked the purchase by a Hungarian company of a Madrid-based train manufacturer. As the FT writes, Madrid vetoed the €619M purchase of Talgo because of the company’s ability to help rebuild Ukraine by strengthening its railway connections with the EU. Talgo could help Ukraine… Continue Reading

Last week, the State Statistics Service announced that consumer inflation accelerated to 7.5% annually in August from 5.4% in July. In monthly terms, prices increased by 0.6%. However, the NBU noted that the actual price growth rate was slightly higher than the trajectory forecasted by the… Continue Reading

The average bank interest rates on new hryvnia consumer deposits in August amounted to 10.6% per annum, which is 0.1 percentage point lower than a month ago, NBU data shows. Interest rates on new consumer deposits in foreign currency remained at 1.1%. Bank’s consumer deposit portfolios grew… Continue Reading

Ukraine is working to ​​create a dedicated fund that would guarantee stable investor profitability for new renewable energy projects, which would stimulate the construction of green power plants, said Andriy Gerus, head of the parliament’s energy committee. He said that the fund will… Continue Reading

Fincantieri, Europe’s largest shipbuilder based in Trieste, Italy, is working to transform Ukraine’s defunct state-owned shipyards in the port of Odesa into a state-of-the-art production center that will build some of the most advanced commercial vessels in the world. The expansion to… Continue Reading

Ukraine’s case regarding the green transition is unique, as many existing energy capacities were quickly taken out of commission due to the war. Still, there is an opportunity to attract investment that can be used to build new capacities using renewable energy sources, said Mads Christensen,… Continue Reading

Ukrainian AI platform Mantis Analytics received $240,000 from the Nezlamni fund. This will be used to accelerate development and launch the platform in the US market, which is a critical strategic priority for the startup. Mantis Analytics increases the effectiveness of security operations by… Continue Reading

Against Russia’s slow advance on the battlefield and the exhaustion of their capabilities to help Ukraine, the Western allies believe that the Ukrainian authorities need to develop a “more realistic plan” for at least the next year of the war. The West supports Ukraine’s long-term goal… Continue Reading